907 W 5th Avenue, Gastonia, NC 28052
Gaston County
Key Facts
Description
• Exceptional 5-unit multifamily investment opportunity with value-add and organic rent growth potential. The property consists of 4 1-BR units and 1 3-BR unit. • All units were recently updated, the property is fully occupied, and rents are generally below market rates, positioning the property well for organic rent increases. • Rare opportunity to purchase a well-maintained property in close proximity to rapidly expanding FUSE District and Downtown Gastonia, one of the fastest growing cities in North Carolina and a major part of one of the fastest growing metropolitan areas in the nation (Charlotte MSA).
Property Information
Property Type
Residential Income
Year Built
1920
Living Area
3,830 sq ft
Zoning
RS-8
Days on Market
50
MLS® Listing#
4334256
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Sewer
Schools
- Elementary:
- Pleasant Ridge
- Middle:
- Yorkchester
- High:
- Hunter Huss
Financial Details
HOA
None
Assessed Value
$348,710
Parcel Number
107766
Affordability Calculator
$105,000
Estimated monthly payment
$2,794/mo
Principal $420,000 · Est. interest $585,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gastonia, NC
- $338,047
- Median Listing Price
- 68
- Median Days on Market
- 1,850
- Median Sq Ft
- $187
- Median Price / Sq Ft
- 522
- Active Listings
- This home’s price is 55% above the area median.
- Its price per sq ft is 27% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gastonia, NC.
Location
Getting Around
Points of Interest in Gastonia, NC
Showing the Gastonia area map.
Nearby Schools
Wray Junior High School
Secondary · 0.2 mi away
York Chester Middle School
Secondary · 0.2 mi away
Gaston County Schools Administration
School · 0.5 mi away
Gaston Exceptional Children
School · 0.6 mi away
Gastonia Freedom School
School · 0.7 mi away
Saint Michael Catholic School
School · 0.7 mi away
Panther Pto Pleasant Ridge Elementary
Elementary · 0.7 mi away
Pleasant Ridge Elementary School
Elementary · 0.7 mi away
Piedmont Community Charter School
Elementary · 0.9 mi away
Webb Street School
School · 1.0 mi away
Lingerfeldt Elementary
Elementary · 1.1 mi away
Gaston County Schools
School · 1.1 mi away
Ridgeview Charter School
Elementary · 1.2 mi away
Hunter Huss High School
Secondary · 1.3 mi away
First Wesleyan Christian School
School · 1.6 mi away
First Assembly of God
School · 1.7 mi away
Gaston County Schools
Secondary · 1.7 mi away
Rhyne Elementary
Elementary · 1.7 mi away
Woodhill Elementary School
Elementary · 1.8 mi away
Southwest Middle School
Secondary · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 911 Hickory Grove Road, Gastonia, NC | $415,000 | 6 | — | 3,146 |
| 2429 Glyncastle Way, Gastonia, NC | $464,900 | 6 | 4 | 3,180 |
| 2312 Sunset Avenue, Gastonia, NC | $469,900 | 6 | — | 2,543 |
| 518 Rankin Avenue A & B, Gastonia, NC | $474,900 | 6 | — | 2,543 |
| 3665 English Garden Drive, Gastonia, NC | $489,000 | 6 | 4 | 3,839 |
| 2617 Kinmere Drive, Gastonia, NC | $548,000 | 6 | 5 | 3,813 |
Moving Cost Estimate
EXIT Agents in Gastonia
Listing Courtesy: Greysteel North Carolina LLC - carolina@greysteel.com
Last Updated: 2026-01-01
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